Business
Vivid Seats Reaches 100 Millionth Ticket Milestone
Leading live events marketplace celebrates with $100,000 donation to MusiCares® CHICAGO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT)
About this update from Vivid Seats Inc.
[{"type":"text","content":"Leading live events marketplace celebrates with $100,000 donation to MusiCares®\nCHICAGO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that it has reached its 100 millionth ticket sold milestone. The milestone reflects Vivid Seats’ growth at scale, connecting millions of buyers with thousands of sellers, and the continued and increasing consumer demand for live events. To celebrate the milestone, Vivid Seats has donated $100,000 to MusiCares®, the leading music charity in the U.S. A strong supporter of MusiCares, Vivid Seats has donated more than $2 million since the start of the COVID-19 pandemic to help strengthen MusiCares’ relief efforts, supporting those in the music community and their families. “Today’s announcement is another example of the incredible momentum we are seeing as a brand and business,” said Stan Chia, Chief Executive Officer of Vivid Seats. “I am so proud that we have been directly responsible for creating over 100 million memories that will last our customers a lifetime, as we continue to support and raise awareness around important causes, like MusiCares. We believe our marketplace delivers a seamless and trusted experience to help fans safely buy tickets at an exceptional value, so they can attend more of their favorite events. Whether they were cheering on their home-town sports team, rocking out to their favorite band, or attending acclaimed theater productions, we have been their trusted partner in delivering some of life’s most exciting moments - a hundred million times over.” Chia continued, “I also want to take a moment and thank the Vivid Seats team for their relentless dedication, which resulted in reaching this important milestone and their continued commitment and focus on creating exceptional experiences for our customers. We believe in the power of shared experiences to connect people and it’s clear as we head into a new year that there is strong consumer demand for experiences.” Today’s achievement comes on the heels of Vivid Seats’ entrance in the public markets and recent record-setting third quarter financial results. The Company’s third quarter per...